The currency pair breaks the lower boundary of the ascending channel at 0.717 at the moment. After fixing the price, I expect a decline to a strong support level of 0.7107
The currency pair breaks today and consolidates below the upward support level at 0.774. Sales after the end of the consolidation. I am waiting for a decline to the nearest support zone 0.760
At the end of last week, the instrument closed above the local resistance of 1.217. The instrument starts moving long. At the moment, I am waiting for the rise to the nearest resistance, formed by the January price peak.
After yesterday's correction to the level of 1.2172, the instrument continues its upward movement in the ascending channel. I suppose that in the near future the currency pair will reach the price level of 1.235
Gold has broken through the resistance of the global downtrend channel. I suppose that after the distributive movement, consolidation is formed at the level, we are waiting for further reaction, I expect the price to drop to the support level of the local ascending channel.
The instrument is in a descending channel. Confidently and quickly moves down. After the breakdown and consolidation below the resistance of 0.9039, the currency pair continued to fall. The closest key point that carries value for traders is the support level 0.8872
After the price reaches 1.4220, a small correction takes place to 1.4100. The currency pair continues to grow, I expect that the instrument will reach the February peak of 1.4240 in the near future.
The instrument is globally in a descending channel, at the moment we have broken through a strong resistance. After a long upward distribution, it can be assumed that the instrument has no energy to continue moving, the most logical thing would be to wait for a return beyond the resistance level, and then take any actions. I'm expecting a return to the support area
After the breakdown of the resistance level 1.2182 and consolidation after the correction, the instrument is in the long zone. We expect a retest of the key point at 1.224, further breakdown and movement of the instrument to the peak formed on January 6 at the level of 1.2350 Remember, there is no place for luck in trading - only strategy! Thanks for the likes...
After the breakdown of the trend line 1849.17 (August 2020 - present), the price continued to rise and is now at the resistance line of the younger uptrend - 1873.61. While we can expect that the price will at least fall to the support line 1845.35. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
After the trend reversal at point 1.170 at the end of March, the price is growing in an uptrend. Recently, it pushed off about the support of 1.205 and now we can expect the price to continue rising. Taking into account the correction, it will reach the resistance of 1.235. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
In April, the price broke through the 0.703 support line, thereby leaving the previous downtrend. Now it is moving in an uptrend and we can expect that the price will correct to the 0.716 support line after which it will rise to the upper boundary of the turn - resistance 0.739. Remember, there is no place for luck in trading - only strategy! Thanks for the likes...
Since April this year, the price has been moving between the 0.780 ash resistance and the main trend support line (April 2020 - present). Now the price is at the 0.781 zone and can be expected to fall to the support 0.773, rebound and rise to the upper border of the 0.784 resistance zone. Remember, there is no place for luck in trading - only strategy! Thanks for...
During the growth in the channel from the support level 1677.45, the price came to the resistance line 1861.05. And she began to fall in the area of this line (but did not touch it). I do not think that the price will touch the li but I expect it to fall right away. Now we can expect the price to fall to the support line - the lower border of the channel -...
After several attempts to fall, the price of the pair returns to the resistance line again. Now we can expect another correction - from the line of support 1.209 to the resistance level of 1.218 and after this fall outside the channel to the line of support 1.206. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
The price growth in the ascending channel, which it adhered to since March 2020, ended at the strong resistance zone 154.18. In addition to the 2020 line, there is also strong 2007 resistance. You can expect the price to fall to the support line 146.14. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
The price has been in the upward trend since October 2020. It broke through it during the rally, but returned during the collapse in March 2021. Now the price bounced off the support at 78.25 and started to rise, but we can expect that the price will first octave, fix at the support at 78.33, and then rise to the resistance line at 80.33. Remember, there is no...
The price continues its growing movement in the channel, which it started from the support level of 1677.45, at the beginning of March this year. In early May, it touched resistance at 1844.38 and fell to the support line at 1808.36. Now we can expect continued growth to the resistance line 1862.01. Remember, there is no place for luck in trading - only...